An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
Hong Kong’s monetary authority steps in for the second day to douse city’s overheating currency as rate gap widens
- The Hong Kong Monetary Authority (HKMA) sold US$200 million worth of Hong Kong dollars on Tuesday
- The HKMA upped its game Wednesday, selling US$360 million worth of Hong Kong dollars
An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg